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#27
03-19-2010, 07:15 PM
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The only nugget I can add to this "buy-it-now" debate is the simple fact that in eBay's infancy. The buy-it-now format did not exist. When, eBay first started a bunch of auctions had a reserve (or at least that is how I remember it...). The reason sellers had reserves was because bidding was a hit or miss proposition. So, if you think that from a buyers perspective the buy-it-now format is a pain, reserves are no fun either and in my opinion are actually worst. I wish Matt and Leon all the best, but right now despite the termites, buyers can be found by the bushel on eBay. It remains to be seen if they will come en masse to Grand Slam. But just in case, some "Grand Slam" sellers will probably seek some refuge either with buy-it-now or via reserves. Hopefully, the elders at Grand Slam do not make selling too difficult with 110 commandments.
Lovely Day... 
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